New Rochelle

The New York Post reports that Yankee legend Lou Gehrig‘s former home is for sale. The 2,522-square-foot, four-bedroom New Rochelle house that Gehrig purchased for his parents in 1928–and in which he lived for five years afterward–just hit the market for a surprisingly low $399,999 (assessment rolls list the home’s market value as $506,826). According to the Post, the price is so low because it’s a short sale, i.e. the seller owes more on the property than the amount of expected profit. Also, the home is being sold “as is.”